23.5 C
New York

Tag: goods and services

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...

Fed’s Shock Inflation Rise: Brace for Skyrocketing Prices and Economic Turmoil

Inflation, measured by core PCE, rose 2.8% annually in February, on par with estimates. Both headline and core PCE increased 0.3% monthly. Despite meeting expectations, the Fed remains likely to hold interest rates steady. However, rising consumer spending (0.8% monthly) could lead to additional inflation pressures. The report indicates inflation remains sticky, potentially delaying Fed rate cuts expected for June.

Recent articles

spot_img